The Zerodha co-founder’s latest investment has pushed his stake in the online gaming company from 1% to about 3.5%.
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Some research analysts have announced a closure of operations, fearing higher compliance costs. But it may be too soon to take such a call.
The FMCG major says that the new model is aimed at helping kirana stores and that it won’t affect distributors. These claims deserve a relook.
After allowing algorithm trading for institutional investors, the market regulator has proposed norms that will allow retail investors to engage in the technique safely.